NBTY Names Jeffrey A. Nagel as Chief Executive Officer
RONKONKOMA, N.Y., Dec. 6, 2010 /PRNewswire/ -- NBTY, Inc., a global manufacturer, marketer and distributor of nutritional supplements, today announced that Jeffrey A. Nagel has been named Chief Executive Officer. He succeeds Scott Rudolph, who will maintain his position as Chairman. Mr. Nagel will assume his new duties on December 6, 2010 and be based in Ronkonkoma, NY.
Mr. Nagel comes to NBTY from General Electric Company ("GE") where he held senior leadership positions in several GE businesses addressing a variety of end markets, including oil & gas, consumer electronicals, technology and aviation. He most recently served as head of GE Oil & Gas Global Services and was based in Florence, Italy.
NBTY Chairman Scott Rudolph said, "We are pleased to have Jeff join NBTY at this exciting time in our history. Jeff is a world class manager with a proven track record of success. We believe he will help take NBTY to the next level of growth and performance and further establish its position as a global market leader."
Mr. Nagel said, "I am excited to become a part of the NBTY family. I have incredible respect for what Scott and his team have built over the last 40 years with leading market positions in each of its US Nutrition wholesale, direct and retail business units. As consumers increasingly focus on health and wellness, NBTY's prospects are stronger than ever. I look forward to working with the leadership team and associate base to further build NBTY into the world's pre-eminent vitamins, minerals and supplements business."
During his GE career, Mr. Nagel served in a variety of leadership positions throughout the organization. In 2006, he was made a GE corporate officer and appointed as the Vice President and General Manager of GE Oil & Gas Global Services. Previously, he served as President & CEO of GE Inspection Technologies, General Manager of Business Development in GE Aircraft Engines and President of GE Home Electric Products. Mr. Nagel joined GE in 1997 as a Manager in Business Development at GE Lighting. Before joining GE, Mr. Nagel worked at Energy Biosystems Corporation, Cannon Associates, Reid & Hostage and Strategic Planning Associates (now Mercer Management).
NBTY (www.NBTY.com) is a leading global vertically integrated manufacturer, marketer and distributor of a broad line of high-quality, value-priced nutritional supplements in the United States and throughout the world. Under a number of NBTY and third party brands, the Company offers over 22,000 products, including products marketed by the Company's Nature's Bounty® (www.NaturesBounty.com), Vitamin World® (www.VitaminWorld.com), Puritan's Pride® (www.Puritan.com), Holland & Barrett® (www.HollandAndBarrett.com), Rexall® (www.Rexall.com), Sundown® (www.SundownNutrition.com), MET-Rx® (www.MetRX.com), Worldwide Sport Nutrition® (www.SportNutrition.com), American Health® (www.AmericanHealthUS.com), GNC (UK)® (www.GNC.co.uk), DeTuinen® (www.DeTuinen.nl), LeNaturiste™ (www.LeNaturiste.com), SISU® (www.SISU.com), Solgar® (www.Solgar.com), Good 'n' Natural® (www.goodnnatural.com), Home Health™ (www.homehealthus.com), Julian Graves, Ester-C® (www.Ester-C.com) and Natural Wealth (www.naturalwealth.com) brands. NBTY routinely posts information that may be important to investors on its web site.
Harvey Kamil, NBTY
SOURCE NBTY, Inc.
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